Deduction under section 80-IB(10) deemed applicable to housing projects approved in the earlier specified period. The notification amends the commencement clause by deeming that housing projects approved by a local authority under the specified scheme on or after 1 April 2004 and before 31 March 2008 are covered by the earlier notification, making incomes from those projects eligible for deduction under section 80-IB(10) from the assessment year 2005-06.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deduction under section 80-IB(10) deemed applicable to housing projects approved in the earlier specified period.
The notification amends the commencement clause by deeming that housing projects approved by a local authority under the specified scheme on or after 1 April 2004 and before 31 March 2008 are covered by the earlier notification, making incomes from those projects eligible for deduction under section 80-IB(10) from the assessment year 2005-06.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
